Commerce Bancshares, Inc. (CBSH) Ownership

NASDAQ: CBSHTop holders, insider trades and short interest.

CBSH ownership summary

as of October 18, 2026
Institutions
78.2%
of shares outstanding
Insiders
2.50%
of shares outstanding
Shares outstanding
143.4M
Float
130.5M
shares available to trade
Short interest
4.61%
6.5M shares short
Days to cover
6.17
short interest up 1.3% vs prior month
  • Institutions 78.23%
  • Insiders 2.50%
  • Other investors 19.27%

CBSH top institutional holders

20 largest
Commerce Bancshares, Inc. top institutional holders
#Holder% of sharesSharesValueChangeReported
1BlackRock Inc9.09%13.1M$728.7M+150,421 (+1.2%)June 30, 2026
2Vanguard Portfolio Management, LLC6.27%9.0M$502.6M+220,068 (+2.5%)June 30, 2026
3State Street Corp5.11%7.4M$409.5M+287,400 (+4.1%)June 30, 2026
4AQR Capital Management LLC4.55%6.5M$364.5M+4.7M (+251.2%)June 30, 2026
5Vanguard Capital Management, LLC4.32%6.2M$346.1M−11,581 (−0.2%)June 30, 2026
6American Century Companies Inc4.13%5.9M$330.7M−286,420 (−4.6%)June 30, 2026
7Commerce Bank NA/MO3.80%5.5M$304.7M−1.5M (−21.9%)June 30, 2026
8Dimensional Fund Advisors, Inc.2.89%4.2M$231.9M+221,565 (+5.6%)June 30, 2026
9Geode Capital Management, LLC2.09%3.0M$167.5M+32,775 (+1.1%)June 30, 2026
10First Trust Advisors L.P.1.57%2.3M$125.5M−357,210 (−13.7%)June 30, 2026
11BTIM Corp1.47%2.1M$117.7M+179,879 (+9.3%)June 30, 2026
12Citadel Advisors Llc1.44%2.1M$115.6M+1.3M (+177.5%)June 30, 2026
13Morgan Stanley - Brokerage Accounts1.40%2.0M$112.1M−280,265 (−12.2%)June 30, 2026
14Wells Fargo & Co1.35%1.9M$107.9M−129,222 (−6.3%)June 30, 2026
15NORGES BANK1.19%1.7M$95.2M+80,147 (+4.9%)June 30, 2026
16Victory Capital Management Inc.1.08%1.6M$86.7M+290,751 (+23.0%)June 30, 2026
17Bank of America Corp1.00%1.4M$80.4M+410,897 (+39.8%)June 30, 2026
18UBS Group AG0.99%1.4M$79.4M+120,908 (+9.3%)June 30, 2026
19JPMorgan Chase & Co0.94%1.4M$75.4M−258,991 (−16.1%)June 30, 2026
20Northern Trust Corp0.88%1.3M$70.2M+25,240 (+2.0%)June 30, 2026

Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 13 holders added 8.0M shares and 7 cut 2.9M.

CBSH top mutual fund and ETF holders

20 largest
Commerce Bancshares, Inc. top fund holders
#Holder% of sharesSharesValueChangeReported
1iShares Core S&P Mid-Cap ETF3.34%4.8M$267.5M−1,716 (−0.0%)September 30, 2026
2Vanguard MStar Total Stk Mkt Idx Invest3.05%4.4M$244.8M−3,293 (−0.1%)August 31, 2026
3Vanguard Small Cap Index2.24%3.2M$179.8M+42,441 (+1.3%)September 30, 2026
4Vanguard MStar Small Cap Value Index1.46%2.1M$117.0M+77,584 (+3.8%)September 30, 2026
5American Century Mid Cap Value Inv1.10%1.6M$88.2M−366,312 (−18.8%)September 30, 2026
6Vanguard Equity-Income Inv1.07%1.5M$86.0M+376,709 (+32.2%)June 30, 2026
7State Street® SPDR® S&P® Dividend ETF0.85%1.2M$67.7M—September 30, 2026
8Jupiter Merian Glb Eq Abs Rt I USD Acc0.73%1.0M$58.3M+322,437 (+44.5%)June 30, 2026
9State Street® SPDR® S&P MIDCAP 400® ETF0.69%997K$55.5M+5,432 (+0.5%)September 30, 2026
10First Trust SMID Cp Rising Div Achv ETF0.64%922K$51.4M—September 30, 2026
11DFA US Targeted Value I0.61%881K$49.1M+94,965 (+12.1%)August 31, 2026
12Vanguard Dividend Appreciation ETF0.53%763K$42.5M−4,624 (−0.6%)September 30, 2026
13American Century Focused Lg Cap Val Inv0.53%758K$42.2M−17,357 (−2.2%)September 30, 2026
14State Street® SPDR® S&PRgnllBkgETF0.52%750K$41.8M+22,368 (+3.1%)September 30, 2026
15State Street SPDR Port S&P 400 Md CpETF0.50%713K$39.7M−1,000 (−0.1%)September 30, 2026
16iShares S&P Mid-Cap 400 Value ETF0.48%696K$38.8M—September 30, 2026
17Fidelity Extended Market Index0.46%657K$36.6M−7,324 (−1.1%)August 31, 2026
18American Century Equity Income Inv0.44%635K$35.4M−67,688 (−9.6%)September 30, 2026
19Dimensional US Targeted Value ETF0.44%629K$35.0M—September 30, 2026
20First Trust Value Line® Dividend ETF0.40%573K$31.9M—September 30, 2026

Funds report holdings monthly or quarterly; dates differ by fund.

CBSH insider transactions

latest 8
Commerce Bancshares, Inc. insider transactions
DateNameTransactionPriceSharesValue
2026-03-13Timothy S DunnBuy$47.712,500$119,275
2026-03-05Kim L JakovichSell$51.45949$48,826
2026-03-05Margaret M RoweSell$51.69861$44,505
2026-02-05John W KemperSell$53.9923,397$1.3M
2026-02-04David L RollerSell$54.481,134$61,780
2026-02-04Derrick BrooksSell$54.401,044$56,794
2026-02-03David L RollerSell$53.322,092$111,545
2025-05-01June Mcallister FowlerSell$57.831,698$98,195

Reported trades by company officers, directors and other filers (including disclosures by members of Congress where EODHD lists them). "—" where the filing gives no share count.

CBSH shares outstanding

Shares outstanding

Year-end shares outstanding, adjusted for splits.

Who owns CBSH

Institutional investors own 78.2% of Commerce Bancshares's shares and insiders 2.50%. The largest holder is BlackRock Inc with 9.09% of the shares (13.1M), as of June 30, 2026. Among the top 20 institutions, 13 added shares and 7 reduced their stake in the latest filings. Short interest is 4.61% of the float, or 6.17 days of average trading volume. The share count fell 4.5% since 2014.

Related: CBSH analyst forecast, CBSH key metrics, CBSH dividend history. See the CBSH stock overview for the latest quote and news.

CBSH ownership FAQ

Who owns the most Commerce Bancshares stock?

The largest shareholders of Commerce Bancshares are BlackRock Inc (9.09%), Vanguard Portfolio Management, LLC (6.27%), State Street Corp (5.11%), AQR Capital Management LLC (4.55%), Vanguard Capital Management, LLC (4.32%).

What percentage of Commerce Bancshares is owned by institutions?

Institutions hold 78.2% of Commerce Bancshares's shares outstanding; insiders hold 2.50%.

Which funds own Commerce Bancshares?

The largest fund holders of Commerce Bancshares are iShares Core S&P Mid-Cap ETF (3.34%), Vanguard MStar Total Stk Mkt Idx Invest (3.05%), Vanguard Small Cap Index (2.24%), Vanguard MStar Small Cap Value Index (1.46%), American Century Mid Cap Value Inv (1.10%).

What is Commerce Bancshares's short interest?

6.5M shares of Commerce Bancshares were sold short, 4.61% of the float; at the average daily volume it would take 6.17 days to cover.

Are insiders buying or selling Commerce Bancshares?

Of the latest 8 reported insider transactions in Commerce Bancshares (since May 1, 2025), 1 were purchases and 7 were sales.

How many shares of Commerce Bancshares are outstanding?

Commerce Bancshares has 143.4M shares outstanding, of which 130.5M are in the public float.

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